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In The News | U.S. Unemployment Rises to 8.2% in May, Global Talent Pool in 2020, Layoffs at GM, Mazda, Bombardier Recreational, United Airlines and Windstream and Much More
Unemployment rises to 8.2% in May as job growth stalls again – latimes.com WASHINGTON — The nation’s unemployment rate rose for the first time in nearly a year, to 8.2% in May, as the economy added a disappointingly small number of jobs for the third straight month. The government said Friday that employers created on … Continue reading
In The News | Cloud computing, Romney’s Bain Record, Layoffs, African Youth, College Grad, Older Workers, and Much More
Cloud computing: 14 million jobs by 2015? smartplanet.com – I’m not Convinced Cloud computing is about efficiency. Cloud computing is about replacing thousands of underutilized server rooms and IT departments with shared facilities with higher utilization r… JobMarketMon Romney’s Bain Record on Job Creation Attacked – Businessweek businessweek.com – President Barack Obama’s re-election campaign attacked Mitt Romney’s … Continue reading
In The News | Veterans , Inequalities, Youth, China Middle Class, Layoffs, EI Changes, Grads and More
More Companies Hiring Veterans | fox4kc.com – Kansas City news & weather from WDAF TV – FOX 4 fox4kc.com – NEAR PHILADELPHIA, Pa. — A company in Pennsylvania is on a mission to hire Veterans. A construction equipment company called Modern Group wants to hire men and women who have served in the U.S. ar… Inequality … Continue reading
Higher education job growth continues to outpace overall job growth in US, but the gap is narrowing
Key findings from the report for Q1 2012: Although the growth rate of higher education jobs continued to outpace the growth rate for all U.S. jobs in Q1 2012, the gap has narrowed and the “market share” of higher education jobs was unchanged year-over-year. The number of advertisements for job openings in higher education continued … Continue reading
GM | 700 jobs to be created at Ellesmere Port
General Motors is creating 700 jobs at its Ellesmere Port plant in Cheshire along with hundreds more in the supply chain to build the new model of its Astra compact car in the latest fillip for Britain’s car industry. The US automaker is to invest £125m in the plant after its 2,100 workers agreed a … Continue reading
The overlapping structural problems
There are several overlapping structural problems writes David Brooks on NYTimes.com. The country is divided when different people take different sides in a debate. The country is really divided when different people are having entirely different debates. That’s what’s happening on economic policy. Many people on the left are having a one-sided debate about how to deal … Continue reading
Focus on jobs, not the budget deficit says Krugman
Paul Krugman has a simple message for U.S. policymakers: Forget about the country’s huge budget deficit. It can be fixed over the next decade. Focus instead on the much more immediate problem of mass unemployment. “It’s not true we’re going over a cliff on fiscal problems,” the Nobel Prize-winning economist said in an interview with … Continue reading
Where the jobless rate is going down : Walker County, Ga
As the United States grapples with stubbornly high unemployment, there’s one part of the country where the jobless rate is plummeting. Walker County, Ga., population, 68,756. As manufacturing strengthened in the area, Walker’s unemployment rate shaved off more than three percentage points in only 15 months, and is still falling fast. “We have actually seen … Continue reading
100 Million Working Age Americans Not Working
The unemployment crisis in America is much worse than you are being told. Did you know that there are 100 million working age Americans that do not get up in the morning and go to work? No wonder why it seems like there are so many people that do not have jobs! According to the … Continue reading
India | Accor to hire over 1,100 employees
Hospitality firm Accor today said it will hire 1,100 people in India this year to meet the needs of its growing network. The company plans to operate 90 hotels in India by 2015. It already has 3,600 employees here, the company said in a statement. “We expect to create significant job opportunities across all segments … Continue reading
The geographical shift of the middle class will entail relocalization – World Economic Forum
The geographical shift of the middle class has implications for supply chains says The Future of Manufacturing, A World Economic Forum Report in collaboration with Deloitte Touche Tohmatsu Limited The rise of demand centres in Asia, along with the typical costs that accompany more developed nations, will likely increase localization of production. Increasingly expensive logistics are leading some companies, such as … Continue reading
India | 2,5 M jobs created in labour intensive sectors
Over 25 lakh jobs were created in the country between October 2008-December 2011 in selected labour intensive and export oriented sectors, like textiles, the Rajya Sabha was informed today. “According to the survey results, overall estimated employment in all selected sectors has experienced a net addition of 25.84 lakh from the first survey (October, 2008 … Continue reading
StanChart confident to add 2,000 jobs
Standard Chartered said it expected to grow income at least 10 percent this year and to add about 2,000 staff as it picks up the pace of investment later in the year. “We are still guiding to increasing headcount by about 2,000 by the end for the year,” said Richard Meddings, finance director of the Asia-focused bank, … Continue reading
Adobe to hire for 200 high-paying positions in Utah
Adobe Systems Inc. anticipates its new $100 million Utah headquarters will be completed before the end of the year and plans to hire for 200 high-paying positions by the time it moves into the Lehi facility. The California-based software technology company showed off its new 280,000-square-foot Utah facility on Tuesday that is designed as an … Continue reading
ADP : Slowdown in U.S. Employment Growth
Recent hiring has slowed down, according to a report released Wednesday on private employment in April. Private-sector employment increased 119,000 on the month, led by the service-providing sector and small and medium businesses, according to payrolls-processor Automatic Data Processing Inc. The April gain is down from monthly employment increases of about 200,000 averaged over the … Continue reading
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